SEC Form 4 · accession 0001209191-16-101946
Domtar CORP · UFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Dennis Garcia
Officer — President, Pulp and Paper
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001381531
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1,F2 | — | Feb 22, 2016 | A | 1,307 | A | — | — | Common Stock | 1,307 | 1,948 | D |
| Performance Stock UnitsF1,F3 | — | Feb 22, 2016 | A | 3,612 | A | — | — | Common Stock | 3,612 | 3,612 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 22, 2016 | A | 8,534 | A | — | — | Common Stock | 8,534 | 8,534 | D |
| Employee Stock Options (Right to buy)F5 | $33.78 | Feb 22, 2016 | A | 14,139 | A | — | Feb 22, 2023 | Common Stock | 14,139 | 14,139 | D |
Explanation of responses
- F1Each Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock.
- F2Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 21, 2017, subject to continued service.
- F3Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 20, 2018, subject to continued service.
- F4Restricted Stock Units vest on February 22, 2019, subject to continued service.
- F5The options vest in approximately equal annual installments on the first three anniversaries of the grant date.